69 Sharon St · Springville, AL 35146

$155,000

3 bd · 2.0 ba · 888 sqft · Manufactured public records · 107 Days on market

Built 1978 0.78 ac lot Est $111k · 40% over

---

Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +26.3/30.0
• DSCR +8.9/10.0
• 1% rule +5.7/10.0
• Livability +3.6/5.0
• Schools +3.2/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Introducing a stunning 3-bedroom, 2-bath home nestled in the heart of Springville, boasting a prime location near the Springville Ballpark. This recently remodeled gem is ready to impress with its array of modern upgrades and stylish finishes. Upon entering, you'll be greeted by the inviting open floor plan, The newly installed floors, elegant granite countertops that beautifully complement the new cabinetry. Equipped with stainless steel appliances Both bathrooms have been completely renovated, showcasing exquisite tile work and contemporary fixtures. This home also benefits from new plumbing and electrical systems, & brand new roof. Easy access to recreational activities, community events Don't miss this opportunity to make this beautifully remodeled house your new home. Schedule a showing today!!

Key facts

• 0.78 acre lot
• Built 1978
• Listed 107 days

Property features AI

Finance

• Other: Property accessed via public road; Located in the Westwood subdivision; Lot in subdivision; Approximately 0.78 acres
• Financial info: Down payment assistance available; Quarterly garbage fee
• HOA & community: No association fee

Exterior

• Parking: Driveway parking
• Utilities: Public water; Septic system; Electric water heater; Internet available (Windstream / Starlink)
• Home design: Existing construction; Single-story entry (all main-level rooms listed)
• Construction: Vinyl siding; Crawl space foundation
• Exterior features: Fenced yard; Open deck

Interior

• Kitchen: Stone countertops; Built-in dishwasher
• Bedrooms: Master bedroom (main level); Two additional bedrooms (main level); Split bedrooms
• Flooring: Hardwood laminate
• Bathrooms: Two full baths; Tub/shower combo
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Smooth ceilings; Recessed lighting; Split bedroom floorplan; All window treatments remain
• Laundry & utility: Laundry on main level; Washer hookup; Electric dryer hookup; Laundry closet

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $155k.

Deal economics

• At list price, monthly cash flow is $400 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $141k (9.0% below list) — sets the bar for market timing.
• Cap rate 9.4% vs local median 4.3% in Springville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#30 in AL) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A-; Watch: amenities F, commute F.
• St Clair County (rural): math 21% / reading 52% proficiency, ranked #33 of 129 in AL (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Springville Elementary School (math 36% / reading 67%, grade C-, #110 of 627 statewide, top 18%, 978 students, 34% FRL); Springville High School (math 37% / reading 32%, grade F, #47 of 305 statewide, top 17%, 766 students, 33% FRL).
• Market conditions: 172 active listings in the ZIP; solid renter incomes; 557 units permitted in St. Clair County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• St. Clair County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $43k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 107 days — a 9% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $141,050 (9.0% below list)

Questions for the listing agent

1. It's been on market 107 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.07% ✓
• Cap rate: 9.39%
• Cash-on-cash: 11.07%
• DSCR: 1.49
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $111,000
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
37 Sharon Dr	0.04mi	2/2.0 (-1)	1,000 (+13%)	22mo	$124,900	$125	54

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 0.2%
• Equity multiple: 1.01×
• Total profit: $307
• Equity at exit: $23,111

10-year hold

• IRR: 9.8%
• Equity multiple: 1.76×
• Total profit: $32,802
• Equity at exit: $13,402

Cash invested: $43,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Alabama: 90 Strongly Landlord-Friendly · R+15
• County: — inherits STATE
• City: — inherits STATE

Right-to-evict in 7 days for non-payment; no rent control; preempted statewide; courts move quickly.

Methodology + full state rankings →

ZIP-level market 35146

• Home prices YoY: -15.8%
• Active inventory: 172
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,660 medium
• Mortgage (P&I): −$813
• Tax from tax record: −$34 /mo · $406/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$349
• Net cashflow: $400

Break-even live

Break-even rent $1,153

Max offer price $155,000

Occupancy floor 71%

Sensitivity live

Price	-10% $488	-5% $444	+0% $400	+5% $356	+10% $313
Rent	-10% $269	-5% $335	+0% $400	+5% $466	+10% $531
Rate	-1.0pp $478	-0.5pp $440	base $400	+0.5pp $360	+1.0pp $319

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Listing history 29 events

1. 2026-06-18
   days on market $155,000 Active 107 DOM
2. 2026-06-17
   days on market $155,000 Active 106 DOM
3. 2026-06-16
   days on market $155,000 Active 105 DOM
4. 2026-06-15
   days on market $155,000 Active 104 DOM
5. 2026-06-13
   days on market $155,000 Active 102 DOM
6. 2026-06-10
   days on market $155,000 Active 99 DOM
7. 2026-06-09
   days on market $155,000 Active 98 DOM
8. 2026-06-08
   days on market $155,000 Active 97 DOM
9. 2026-06-07
   days on market $155,000 Active 96 DOM
10. 2026-06-03
    days on market $155,000 Active 92 DOM
11. 2026-06-02
    days on market $155,000 Active 91 DOM
12. 2026-06-01
    days on market $155,000 Active 90 DOM
13. 2026-05-31
    days on market $155,000 Active 89 DOM
14. 2026-03-28
    status Active
15. 2026-03-08
    historical Contingent
16. 2026-03-03
    listed $155,000 Active
17. 2023-07-27
    soldstatus $155,000
18. 2023-06-30
    soldstatus $155,000 Sold 816-char remark

    Show marketing remark (816 chars)

    Introducing a stunning 3-bedroom, 2-bath home nestled in the heart of Springville, boasting a prime location near the Springville Ballpark. This recently remodeled gem is ready to impress with its array of modern upgrades and stylish finishes. Upon entering, you'll be greeted by the inviting open floor plan, The newly installed floors, elegant granite countertops that beautifully complement the new cabinetry. Equipped with stainless steel appliances Both bathrooms have been completely renovated, showcasing exquisite tile work and contemporary fixtures. This home also benefits from new plumbing and electrical systems, & brand new roof. Easy access to recreational activities, community events Don't miss this opportunity to make this beautifully remodeled house your new home. Schedule a showing today!!

19. 2023-06-09
    historical Contingent 816-char remark

    Show marketing remark (816 chars)

    Introducing a stunning 3-bedroom, 2-bath home nestled in the heart of Springville, boasting a prime location near the Springville Ballpark. This recently remodeled gem is ready to impress with its array of modern upgrades and stylish finishes. Upon entering, you'll be greeted by the inviting open floor plan, The newly installed floors, elegant granite countertops that beautifully complement the new cabinetry. Equipped with stainless steel appliances Both bathrooms have been completely renovated, showcasing exquisite tile work and contemporary fixtures. This home also benefits from new plumbing and electrical systems, & brand new roof. Easy access to recreational activities, community events Don't miss this opportunity to make this beautifully remodeled house your new home. Schedule a showing today!!

20. 2023-06-05
    listed $150,000 Active 816-char remark

    Show marketing remark (816 chars)

    Introducing a stunning 3-bedroom, 2-bath home nestled in the heart of Springville, boasting a prime location near the Springville Ballpark. This recently remodeled gem is ready to impress with its array of modern upgrades and stylish finishes. Upon entering, you'll be greeted by the inviting open floor plan, The newly installed floors, elegant granite countertops that beautifully complement the new cabinetry. Equipped with stainless steel appliances Both bathrooms have been completely renovated, showcasing exquisite tile work and contemporary fixtures. This home also benefits from new plumbing and electrical systems, & brand new roof. Easy access to recreational activities, community events Don't miss this opportunity to make this beautifully remodeled house your new home. Schedule a showing today!!

21. 2022-10-13
    soldstatus $50,000
22. 2020-06-17
    soldstatus $70,000
23. 2020-05-28
    soldstatus $70,000 Sold 279-char remark

    Show marketing remark (279 chars)

    Cute, cozy 2 br 1 bath home on a nice, big fenced lot. Home has a office that could be a small 3rd bedroom if needed. Nice covered front porch and back patio. New exterior paint. Brand new luxury flooring. Move in ready and very close to town, schools and only minutes from I-59!

24. 2020-05-05
    historical Contingent 279-char remark

    Show marketing remark (279 chars)

    Cute, cozy 2 br 1 bath home on a nice, big fenced lot. Home has a office that could be a small 3rd bedroom if needed. Nice covered front porch and back patio. New exterior paint. Brand new luxury flooring. Move in ready and very close to town, schools and only minutes from I-59!

25. 2020-04-22
    listed $73,000 Active 279-char remark

    Show marketing remark (279 chars)

    Cute, cozy 2 br 1 bath home on a nice, big fenced lot. Home has a office that could be a small 3rd bedroom if needed. Nice covered front porch and back patio. New exterior paint. Brand new luxury flooring. Move in ready and very close to town, schools and only minutes from I-59!

26. 2020-03-02
    soldstatus $65,000
27. 2020-02-24
    soldstatus $65,000 Sold
28. 2020-02-10
    historical Contingent
29. 2020-02-05
    listed $69,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AL · Resets to sale price

• Current annual tax: $406 · $34/mo
• Projected year-2 tax: $636 · $53/mo
• Expected delta: +$230/yr (+$19/mo · 56.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,923
• − Mortgage interest: −$8,682
• − Property taxes: −$406
• − Insurance: −$775
• − Repairs & maintenance: −$1,594
• − Management: −$1,594
• − Depreciation: −$4,509
• Taxable income: $2,363
• Est. tax owed @ 24.0%: −$567
• After-tax cash flow: $4,237/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: St Clair County
• NCES district ID: 0103062
• Math proficiency: 21% ▼ -34.00%
• Reading proficiency: 52% ▬ 0.00%
• Median HH income: $53,324
• Composite: 31.79/100
• National rank: #5887
• State rank: #33 of 129 in AL

Livability — Springville

• Score: 72/100
• State rank: #30
• US rank: #6213

Category grades

Amenities F Commute F Cost of living B Crime A- Employment A+ Housing A+ Health & safety B User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Springville, AL
• County: Saint Clair County · 54,404 people
• City population: 13,973
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 13,973
• Household income: $86,614
• Rent vs Own: 11.8% rent · 88.2% own
• Severe rent burden: 39.0

Population outlook (St. Clair County) Hauer SSP2

• Today (2025): 94,158 people
• By 2030: 97,008 · +3.0%
• By 2040: 101,615 · +7.9%
• By 2050: 104,537 · +11.0%
• By 2075: 109,350 · +16.1%
• By 2100: 106,785 · +13.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 11% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Slovak 4% Italian 1% Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4% German/W. Germanic 1%

Political lean MEDSL · St. Clair

• 2024 margin: Solid R (+64.1) · D 17.6% · R 81.7%
• 2008→2024 swing: -0.9pp no change · 2008: -63.2pp · 2024: -64.1pp
• All cycles: 2024: R+64.1 2020: R+64.0 2016: R+68.6 2012: R+66.1 2008: R+63.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -42.81%
• Current HPI: 228.507
• Rent YoY: —
• Metro: Birmingham-Hoover, AL
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

+124.6% since first listed

16 events — show timeline

• 2026-03-28 Relisted — Greater Alabama MLS
• 2026-03-08 Contingent — Greater Alabama MLS
• 2026-03-03 Listed $155,000 Greater Alabama MLS
• 2023-07-27 Sold (Public Records) $155,000 Public Records
• 2023-06-30 Sold (MLS) $155,000 Greater Alabama MLS
• 2023-06-09 Contingent — Greater Alabama MLS
• 2023-06-05 Listed $150,000 Greater Alabama MLS
• 2022-10-13 Sold (Public Records) $50,000 Public Records
• 2020-06-17 Sold (Public Records) $70,000 Public Records
• 2020-05-28 Sold (MLS) $70,000 Greater Alabama MLS
• 2020-05-05 Contingent — Greater Alabama MLS
• 2020-04-22 Listed $73,000 Greater Alabama MLS
• 2020-03-02 Sold (Public Records) $65,000 Public Records
• 2020-02-24 Sold (MLS) $65,000 Greater Alabama MLS
• 2020-02-10 Contingent — Greater Alabama MLS
• 2020-02-05 Listed $69,000 Greater Alabama MLS

Property tax history

+7.6%/yr

Latest (2025): $406 · +0.0% YoY. Source: county tax records.